American Rescue Plan Act of 2021
On March 10, 2021, the U.S. House of Representatives passed a modified version of the American…
Whether you are a quick-service operator or run a full-service restaurant, you are affected by the economy and fluctuations in demographics, consumer personal income and tastes. The restaurant business is a challenging and constantly changing industry, influenced by heavy competition, labor issues, and fluctuating commodity prices.
However, the restaurant industry can be rewarding especially by understanding consumer demands and staying at the forefront of trends. You require experts in financial and operational management who know the industry and can help you turn your challenges into exciting opportunities. With this, you will have a competitive advantage to understand industry best practices, make informed business decisions and use restaurant-specific tax savings.
We have worked with a variety of restaurant owners including independents, franchisees, franchisors, multi-unit groups, and understand the unique concerns of these businesses to create practical, personalized solutions. Sassetti advisers recognize the importance of a strong monitoring program of the financial statements including benchmarking the financial performance against the competition and the industry as well as checking key performance indicators to track trends and uncover opportunities that can positively affect you financial success and profitability as a restaurateur.
Our knowledge of complex and industry-specific tax compliance issues and money-saving deductions and credits provides our clients with valuable financial opportunities. Areas of importance include:
Sassetti is also an independent member of the BDO Alliance USA program. What that means is that we have the unlimited resources of the 6th largest accounting firm but the personal attention of a local firm.
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Oak Park Office
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Naperville, IL 60563
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